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Education Pays Update 2006. Trends in Higher Education Series 2006, October 24, 20063 www.collegeboard.com Source: The College Board, Education Pays,

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Presentation on theme: "Education Pays Update 2006. Trends in Higher Education Series 2006, October 24, 20063 www.collegeboard.com Source: The College Board, Education Pays,"— Presentation transcript:

1 Education Pays Update 2006

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3 Trends in Higher Education Series 2006, October 24, 20063 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Median Annual Earnings Relative to Earnings of High School Graduates, Males and Females Ages 25–34, 1975–2005 Source: National Center for Education Statistics (NCES), 2004, Table 14-1, NCES, 2006, Table 22-1 (based on U.S. Census Bureau, Current Population Survey) and U.S. Census Bureau, 2006. PINC-03.

4 Trends in Higher Education Series 2006, October 24, 20064 www.collegeboard.com Median Annual Earnings by Level of Education and Age, 2005 Source: The College Board, Education Pays, Second Update, 2006 Source: U.S. Census Bureau, 2006, PINC-03.

5 Trends in Higher Education Series 2006, October 24, 20065 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: U.S. Census Bureau, 2006, PINC-03. Distribution of Annual Earnings by Level of Education, Ages 35–44, 2005

6 Trends in Higher Education Series 2006, October 24, 20066 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: U.S. Census Bureau, 2005; calculations by the Institute for Higher Education Policy. Unemployment Rates by Education Level for States with the Highest and Lowest Unemployment, 2005

7 Trends in Higher Education Series 2006, October 24, 20067 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Per Capita Income As a Percentage of the National Average in Large Metropolitan Areas with High and Low Proportions of College Graduates, 1969–1997 Source: Gottlieb and Fogarty, 2003.

8 Trends in Higher Education Series 2006, October 24, 20068 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Percentage of Parents Providing Their Tenth-Grade Children with Information About Community, National, and World Events, 2002 Source: Education Longitudinal Study (ELS), 2002; calculations by authors. Based on parental reporting.

9 Trends in Higher Education Series 2006, October 24, 20069 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: Education Longitudinal Study (ELS), 2002; calculations by authors. Based on parental reporting. Percentage of Parents Attending Sporting Events, Religious Services, Concerts, Movies, or Plays with Their Tenth-Grade Children, 2002

10 Trends in Higher Education Series 2006, October 24, 200610 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: Education Longitudinal Study (ELS), 2002; calculations by authors. Based on parental reporting. Percentage of Parents Saving for College for Their Tenth-Grade Child by Income and Education Level of Parents, 2002

11 Trends in Higher Education Series 2006, October 24, 200611 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 College Enrollment Among Males and Females by Race/Ethnicity, Ages 16–24, 2004 Source: U.S. Census Bureau, 2004, Table 13; calculations by authors.

12 Trends in Higher Education Series 2006, October 24, 200612 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: U.S. Census Bureau, 2004, Table 13; calculations by authors. Immediate College Enrollment Among Male and Female Recent High School Graduates, by Race/Ethnicity, 2004

13 Trends in Higher Education Series 2006, October 24, 200613 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: Integrated Postsecondary Education Data System (IPEDS), 2004; calculations by authors. Fall Enrollment of Full-Time, First-Year Students by Race/Ethnicity and Institution Type, 2004

14 Trends in Higher Education Series 2006, October 24, 200614 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: Integrated Postsecondary Education Data System (IPEDS), 2004; calculations by authors. Fall Enrollment of Part-Time, First-Year Students by Race/Ethnicity and Institution Type, 2004

15 Trends in Higher Education Series 2006, October 24, 200615 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Percentage of Adults Who Have Completed Programs of Postsecondary Education, Ages 25–34 and 55–64, 2004 Source: Organisation for Economic Co-operation and Development (OECD), 2006, Tables A.1.3a and B2.1b.

16 Trends in Higher Education Series 2006, October 24, 200616 www.collegeboard.com Source: The College Board, Education Pays, Second Update, 2006 Source: Organisation for Economic Co-operation and Development (OECD), 2006, Tables A.1.3a and B2.1b. Total Expenditures on Postsecondary Education As a Percentage of Gross Domestic Product (GDP), 2003

17 Trends in Higher Education Series 2006, October 24, 200617 www.collegeboard.com Sandy Baum Senior Policy Analyst The College Board Sbaum@collegeboard.org 202 741-4728


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